As the saying goes ‘get the facts before you invest’, this episode will go through 2 major concepts in blockchain: smart contract and decentralized finance (DeFi). What kinds of financial services can possibly be replaced by Smart contracts, which will be automatically executed when certain conditions are fulfilled? DeFi platforms are open to huge potential markets, yet what are the risks they might encounter? What is the relationship between DeFi and the recent price rise of Ethereum? Watch this episode and you will understand!